Auto-System – Criteria for Success!

• 08/14/2018 at 12:01 PM #78137
  GraHal

  First off … I know there is no Criteria that will guarantee success … so that saves you having to say it!  🙂

  I am thinking of knocking up a rule of thumb set of criteria that I look for on Systems at Optimise stage to then set going on Forward Test or after Forward Test to set Live Running.

  I’ve always had criteria loosely in my head, but felt it may benefit from recording / writing them down.

  Then I thought … this could be an interesting topic for discussion??  If not interesting then useful?? 🙂

  I would enter Criteria posted on this Thread on an all-share google sheet   (like my Snippet Library etc).

  So I’ll start with one …

  1.  % of Winning Trades x Gain to Loss Ratio => 100
     (so could be 50% x 2 or 60% x 1.6 or 75% x 1.3 or … etc)

   

  Cheers
  GraHal

   

   

  

  GraHal

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  08/14/2018 at 1:01 PM #78143
  Nobody

  GraHal wrote:

  First off … I know there is no Criteria that will guarantee success … so that saves you having to say it!

  I am thinking of knocking up a rule of thumb set of criteria that I look for on Systems at Optimise stage to then set going on Forward Test or after Forward Test to set Live Running.

  I’ve always had criteria loosely in my head, but felt it may benefit from recording / writing them down.

  Then I thought … this could be an interesting topic for discussion?? If not interesting then useful??

  I would enter Criteria posted on this Thread on an all-share google sheet (like my Snippet Library etc).

  So I’ll start with one …

  1. % of Winning Trades x Gain to Loss Ratio => 100(so could be 50% x 2 or 60% x 1.6 or 75% x 1.3 or … etc)

  Cheers

  GraHal

  Correct me if i am wrong but this looks like the formula for expectancy , if so i set my standards for pretty well all my algos at minimum 65% WR at minimum  1:1 risk /reward .  This is my baseline criteria based on probability matrix/curve   . The higher the win rate the less the probability of consecutive losing trades  ,  keeps the curve smoother

  edit   ….   what the hell with the mega smilies

   

  

  Nobody

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  08/14/2018 at 1:07 PM #78144
  GraHal

  Brisvegas wrote:

  edit   ….   what the hell with the mega smilies

  Keep smiling!!!!!!!!!!!!!!

  They made me laugh anyway!!!!!!!!!!!!! HAHAHHAHHAHHAH

   

  

  GraHal

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  08/14/2018 at 5:27 PM #78165
  Nicolas

  I deleted the mega smilies, another small bug I should take care of! 😆

  

  Nicolas

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  08/14/2018 at 6:12 PM #78176
  Vonasi

  Nicolas wrote:

  I deleted the mega smilies, another small bug I should take care of!

  That’s a pity – I thought they were fantastic so I didn’t delete them! If you are going to smile then smile big! 🙂  Little smile 🙁 Doh!

  1 user thanked author for this post.

  GraHal

  

  Vonasi

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